Sign in

Please complete all fields in the form to login.
Username and password fields are case sensitive

If you have forgotten your username or password please use
the forgotten your username/password link below.

Remember me, by ticking the box you
are confirming you are happy for your details to be remembered
and used the next time you use this computer to visit
eFinancialNews.com. By doing this, you'll be able to access
restricted content without logging in each time you
visit the site.

BNP plans early repayment of French government funds

BNP Paribas, which received two tranches of capital aid worth €5.1bn ($7.5bn) from the French government, is keen to repay the money before June next year, Baudouin Prot, chief executive, said.

The hybrid capital, which has been offered over a five-year term, is repayable at 100% of its face value until June next year. However, subsequently the principal increases to 103%, 105% and 110% over the following months.